Virtual Assistants Market Is Set To Reach At $33.4 Billion Opportunity By 2030 As Revealed In New Report

The global virtual assistants market is predicted to reach USD 33.4 billion by 2030 with a CAGR of 21.1%. The market is driven by the increasing digitalization and adoption of virtual assistants in smart homes and appliances, as well as in customer support for IT and telecommunication sectors. However, limitations in understanding complex queries and data security issues are hindering the market’s growth. The introduction of 5G and web 4.0 is expected to create new opportunities for AI assistants.